Cornerville Posted June 9, 2008 Share Posted June 9, 2008 Top 10 1. McAllen, Texas 12-month forecast: 4% Median home price: $109,000 One year price change: 2.1% Five year price change: 23.3% Change in foreclosure rate: 23% 2. Rochester, N.Y. 12-month forecast: 2.7% Median home price: $121,000 One year price change: 3.4% Five year price change: 20.1% Change in foreclosure rate: 5% 3. Birmingham, Alabama 12-month forecast: 2.7% Median home price: $156,000 One year price change: 2.9% Five year price change: 29.4% Change in foreclosure rate: 20% 4. Syracuse, N.Y. 12-month forecast: 2.6% Median home price: $126,000 One year price change: 0.8% Five year price change: 29.5% Change in foreclosure rate: 27% 5. Buffalo/Niagara Falls, N.Y. 12-month forecast: 2.4% Median home price: $105,000 One year price change: 1.6% Five year price change: 24.5% Change in foreclosure rate: 14% 6. New Orleans, La. 12-month forecast: 2.2% Median home price: $158,000 One year price change: 1% Five year price change: 43.7% Change in foreclosure rate: 49% 7. Scranton, P.A. 12-month forecast: 2.2% Median home price: $128,000 One year price change: 7.2% Five year price change: 41.1% Change in foreclosure rate: 8% 8. Grand Rapids, Mich. 12-month forecast: 1.9% Median home price: $124,000 One year price change: -3% Five year price change: 8.3% Change in foreclosure rate: 37% 9. Baton Rouge, La. 12-month forecast: 1.9% Median home price: $170,000 One year price change: 5.7% Five year price change: 38.3% Change in foreclosure rate: 14% 10. El Paso, Texas 12-month forecast: 1.8% Median home price: $134,000 One year price change: 6.9% Five year price change: 51.9% Change in foreclosure rate: 32% Link to comment Share on other sites More sharing options...
Tcali Posted June 9, 2008 Share Posted June 9, 2008 Top 10 1. McAllen, Texas 12-month forecast: 4% Median home price: $109,000 One year price change: 2.1% Five year price change: 23.3% Change in foreclosure rate: 23% 2. Rochester, N.Y. 12-month forecast: 2.7% Median home price: $121,000 One year price change: 3.4% Five year price change: 20.1% Change in foreclosure rate: 5% 3. Birmingham, Alabama 12-month forecast: 2.7% Median home price: $156,000 One year price change: 2.9% Five year price change: 29.4% Change in foreclosure rate: 20% 4. Syracuse, N.Y. 12-month forecast: 2.6% Median home price: $126,000 One year price change: 0.8% Five year price change: 29.5% Change in foreclosure rate: 27% 5. Buffalo/Niagara Falls, N.Y. 12-month forecast: 2.4% Median home price: $105,000 One year price change: 1.6% Five year price change: 24.5% Change in foreclosure rate: 14% 6. New Orleans, La. 12-month forecast: 2.2% Median home price: $158,000 One year price change: 1% Five year price change: 43.7% Change in foreclosure rate: 49% 7. Scranton, P.A. 12-month forecast: 2.2% Median home price: $128,000 One year price change: 7.2% Five year price change: 41.1% Change in foreclosure rate: 8% 8. Grand Rapids, Mich. 12-month forecast: 1.9% Median home price: $124,000 One year price change: -3% Five year price change: 8.3% Change in foreclosure rate: 37% 9. Baton Rouge, La. 12-month forecast: 1.9% Median home price: $170,000 One year price change: 5.7% Five year price change: 38.3% Change in foreclosure rate: 14% 10. El Paso, Texas 12-month forecast: 1.8% Median home price: $134,000 One year price change: 6.9% Five year price change: 51.9% Change in foreclosure rate: 32% wow 2.6 v% increase on an average RE price of 106K......by the time we are all dead we could make a profit on one of them Link to comment Share on other sites More sharing options...
Dr. Fong Posted June 9, 2008 Share Posted June 9, 2008 Wow those are some anemic numbers. Link to comment Share on other sites More sharing options...
kegtapr Posted June 9, 2008 Share Posted June 9, 2008 Top 10 2. Rochester, N.Y. 12-month forecast: 2.7% Median home price: $121,000 One year price change: 3.4% Five year price change: 20.1% Change in foreclosure rate: 5% If I get 20% on my house in 5 years I'll fly a Patriots flag outside my house all football season. Link to comment Share on other sites More sharing options...
Chef Jim Posted June 10, 2008 Share Posted June 10, 2008 Median home price in Buffalo....$105,000. Hell, that's the median car price in southern CA. Link to comment Share on other sites More sharing options...
Wacka Posted June 10, 2008 Share Posted June 10, 2008 Median home price in Buffalo....$105,000. Hell, that's the median car price in southern CA. A condo costs 5 X that here in Nor Cal. Link to comment Share on other sites More sharing options...
olivier in france Posted June 10, 2008 Share Posted June 10, 2008 Those prices... Our new house here, 3 bedrooms, a little garden, about 1,100 square feet, something like a median american home, costed us about 385,000 US Dollars.... Link to comment Share on other sites More sharing options...
Acantha Posted June 10, 2008 Share Posted June 10, 2008 A condo costs 5 X that here in Nor Cal. Yup. I could get into a 800 sq ft condo here (one that isn't falling apart) for about 400,000. Craziness. Link to comment Share on other sites More sharing options...
SD Jarhead Posted June 10, 2008 Share Posted June 10, 2008 Compare the property taxes in Buffalo and its suburbs to those in California...you'll be shocked. Link to comment Share on other sites More sharing options...
olivier in france Posted June 10, 2008 Share Posted June 10, 2008 Compare the property taxes in Buffalo and its suburbs to those in California...you'll be shocked. Well i'm pretty sure in France we have the prices of S Cal and the taxes of NYS! Link to comment Share on other sites More sharing options...
Andrew in CA Posted June 10, 2008 Share Posted June 10, 2008 A condo costs 5 X that here in Nor Cal. It's worth it, though. Northern California is the best area in the world. I can't wait until I make enough to live there.... Link to comment Share on other sites More sharing options...
bdelma Posted June 12, 2008 Share Posted June 12, 2008 Median home price in Buffalo....$105,000. Hell, that's the median car price in southern CA. That's no ##it, i was there last week and all I saw were BMW's and Mercedez Link to comment Share on other sites More sharing options...
Recommended Posts